The "Fast Money" traders share their final trades of the day.» Read More
Bank of America Corp. rose$. 07 or. 5 percent, to $13.43. Citigroup Inc. rose$. 84 or 1.7 percent, to $51.45. Goldman Sachs rose $3.71 or 2.4 percent, to $158.18.
Bank of America Corp. rose$. 06 or. 4 percent, to $13.42. Citigroup Inc. rose$. 81 or 1.6 percent, to $51.42. Goldman Sachs rose $3.17 or 2.1 percent, to $157.64.
The "Fast Money" traders share their final trades of the day.
NEW YORK-- Tesla Motors shares fell Friday as the electric car maker increased the size of its stock and note sales by nearly 17 percent. THE SPARK: Tesla disclosed in a regulatory filing that it now plans to sell 3.39 million shares in a public offering, and has priced them at $92.24 each, according to the filing with the Securities and Exchange Commission.
Bank of America Corp. rose$. 15 or 1.1 percent, to $13.51. Citigroup Inc. rose$. 71 or 1.4 percent, to $51.32. Goldman Sachs rose $2.64 or 1.7 percent, to $157.11.
May 16- Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys.
Bank of America Corp. fell$. 08 or. 6 percent, to $13.36. Citigroup Inc. fell$. 73 or 1.4 percent, to $50.61. Goldman Sachs fell $1.14 or. 7 percent, to $154.47.
Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
Bank of America Corp. rose$. 02 or. 1 percent, to $13.46. Citigroup Inc. fell$. 13 or. 3 percent, to $51.21. Goldman Sachs rose$. 32 or. 2 percent, to $155.93.
*Dollar curbs gains vs euro, yen after U.S. data. NEW YORK, May 16- The dollar dropped against the euro and Japanese yen on Thursday as a deluge of U.S. data highlighted vulnerabilities in the U.S. economy, curbing expectations that the Federal Reserve will scale back its bond buying program any time soon.
Bank of America Corp. rose$. 04 or. 3 percent, to $13.48. Citigroup Inc. fell$. 24 or. 5 percent, to $51.10. Goldman Sachs rose $1.03 or. 7 percent, to $156.64.
*Dollar curbs gains vs euro, yen after U.S. data. NEW YORK, May 16- The dollar edged lower against the euro and pared gains versus the Japanese yen on Thursday as U.S. data releases highlighted vulnerabilities in the U.S. economy, curbing expectations that the Federal Reserve will scale back its asset-buying program.
"You want to be in sectors that sell to the people who benefit from wage inflation: consumers," said John Lomax, head of emerging equity strategy at HSBC. Russian supermarket chain Magnit saw profits jump 28 percent in the first quarter and its shares have returned 190 percent since April 2010, according to Morgan Stanley.
Shares of Tesla Motors Inc. shot higher in premarket trading on Thursday after it said it would offer stock and notes in an $830 million deal that will allow it to pay down its debt to the U.S. government. Palo Alto, Calif.- based Tesla said it will offer 2.7 million shares of its common stock and $450 million in convertible senior notes.
Some of the names on the move ahead of the open.
Private equity investment in Indian infrastructure is poised to pick up following a lengthy dry patch as debt-stressed operators come under pressure from banks to offload assets.
Bank of America Corp. rose$. 10 or. 7 percent, to $13.44. Citigroup Inc. rose $1.25 or 2.5 percent, to $51.34. Goldman Sachs rose $1.09 or. 7 percent, to $155.61.
NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. CAE Inc.: Approximately 166,600 shares changed hands, a 557.3 percent increase over its 65- day average volume. The shares fell$. 35 or 3.2 percent to $10.43.
Tesla announced plans to offer another 2.7 million shares and said CEO Elon Musk will buy another $100 million worth of Tesla stock. Shares shot up after-hours.